DELPHI 2015 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 2015 DELPHI annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 172

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

Table of Contents
8
product line's scope and customer base were enhanced by our acquisition of HellermannTyton Group PLC
("HellermannTyton") on December 18, 2015, as further described below.
• Electrical centers provide centralized electrical power and signal distribution and all of the associated circuit
protection and switching devices, thereby optimizing the overall vehicle electrical system.
• Distribution systems, including hybrid high voltage and safety systems, are integrated into one optimized vehicle
electrical system that can utilize smaller cable and gauge sizes and ultra-thin wall insulation (which product line
makes up approximately 40%, 37% and 40% of our total revenue for the years ended December 31, 2015, 2014 and
2013, respectively).
Powertrain Systems. This segment offers high quality products for complete engine management systems (“EMS”) and
products to help optimize performance, emissions and fuel economy.
• The gasoline EMS portfolio features fuel injection and air/fuel control, valvetrain, ignition, sensors and actuators,
transmission control products, and powertrain electronic control modules with software, algorithms and calibration.
• The diesel EMS product line offers high quality common rail fuel injection system technologies including diesel
injection equipment, system integration, calibration, electronics, and emission control solutions.
• The Powertrain Systems segment also supplies integrated fuel handling systems for gasoline, diesel, flexfuel and
biofuel configurations, and innovative evaporative emissions systems that are recognized as industry-leading
technologies.
We also include aftermarket and original equipment service in the Powertrain Systems segment.
Electronics and Safety. This segment offers a wide range of electronic and safety equipment and software in the areas of
controls, security, infotainment, communications, safety systems and power electronics.
• Electronic controls products primarily consist of body computers and security systems.
• Infotainment and driver interface portfolio primarily consists of receivers, digital receivers, satellite audio receivers,
navigation systems, displays (including re-configurable displays) and mechatronics.
• Passive and active safety electronics and advanced driver assistance systems primarily includes occupant detection
systems, collision warning systems, advanced cruise control technologies, collision sensing and auto braking.
• Electric and hybrid electric vehicle power electronics comprises power modules, inverters and converters and battery
packs.
Competition
Although the overall number of our top competitors has decreased due to ongoing industry consolidation, the automotive
parts industry remains extremely competitive. OEMs rigorously evaluate suppliers on the basis of product quality, price,
reliability and timeliness of delivery, product design capability, technical expertise and development capability, new product
innovation, financial viability, application of lean principles, operational flexibility, customer service and overall management.
In addition, our customers generally require that we demonstrate improved efficiencies, through cost reductions and/or price
improvement, on a year-over-year basis.